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PBS
Jul 19, 2012 6:00pm EDT
's possible use of chemical weapons. >> brown: then, we examine the use of a one-drug lethal injection on a prisoner last night in texas-- the state that executes more convicts than any other. >> suarez: as delegates arrive in washington for an international aids conference, we have two progress reports: gwen ifill gets an update from the director of the united nations program on aids. >> brown: and we assess the epidemic here in our nation's capital, where the infection rate is the highest in the country. >> we have people who will be tested repeatedly in hopes that one of those tests will be negative so that they can say i don't have h.i.v. we have people who think they can pray their h.i.v. away. >> suarez: plus, as part of his ongoing series, hari sreenivasan talks with native americans about the search for solutions to the effects of climate change on their tribal lands. >> brown: that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: and the william and flora hewlett foundation, working to solve social and environmental problems at home
PBS
Jul 11, 2012 7:00pm EDT
is cooling, we look at what the slowdown means for u.s. corporate earnings, and the global economy. >> susie: and one company is making a big push into china, marriott international, a look at its latest earnings and strategy. >> tom: that and more tonight on "n.b.r.!" >> tom: markets were clearly disappointed today the federal reserve does not seem ready to act right away to boost the economy. minutes from the fed's june meeting show only a few policy makers wanted to expand a bond buying program known as quantitative easing to lower interest rates and boost the economy. but as darren gersh reports this is now really a question of timing. >> reporter: the fed was not willing to give markets an immediate monetary fix, but the latest readings from its policy making committee show a couple more lukewarm reports on the labor market might change that. >> and if these employment reports are still weak like this last one, i think a strong case could be made for the fed to expand its balance sheet and try to support the economy more. so, at that point it will be clear that the recovery has stalled
PBS
Jul 5, 2012 7:00pm EDT
the globe take action to boost their sagging economies. should more be done in the u.s.? >> susie: i'm susie gharib. getting new medicines to market faster. speeding up the government's drug approval process. why investors and patients are on board. >> tom: and "made in america" tonight, a craft beer company brewing up a national expansion. >> susie: that and more tonight on "n.b.r."! >> susie: the global economy was the hot topic in markets around the world today. central banks in europe, the u.k., and china announced moves to boost growth. the european central bank lowered interest rates to an all-time low. china cut several key interest rates for the second time in a month. and the bank of england held its rates steady, but said it will pump billions of dollars into its economy through a new round of bond buying. here in the u.s., some hopeful signs for the weak job market. private employers added 176,000 new workers to their payrolls in june, stronger than the previous month. and the labor department said the number of people filing for unemployment benefits dropped by 14,000 in the past
PBS
Jul 16, 2012 5:30pm EDT
to use chemical weapons -- the assad regime will not hesitate to use chemical weapons if things get worse. we go to the coast of honduras, where cocaine has become the country's curse. and running for gold. how an olympian overcame the odds to compete for america. >> when i look at where i came from, i have to pinch myself. >> welcome to our viewers on pbs in america and also around the globe. tonight, the fighting in syria appears to be moving closer to the center of the capital, damascus. over the past couple days, clashes between government forces and rebel fighters have taken place in the southern suburbs of the city. now, even more worrying, syria's for ambassador to iraq, who defected last week, said that forces loyal to president saleh saad will not hesitate to use chemical weapons. -- syria's former ambassador to iraq, who defected last week, said that forces loyal to president assad will not hesitate to use chemical weapons. >> international diplomacy is struggling to find a way out. in these pictures, activists say people are trying to flee heavy shelling in damascus. there were
PBS
Jul 23, 2012 5:30pm EDT
weapons and would use the myth based with a foreign attack. the suspect in the mass shooting in a colorado movie theater makes his first appearance in court. one columbine survivor is faced with tragedy again. >> to live through it twice, it is on real. -- it is unreal. it is not fair. >> forget about the canoing you did at summer camp. bbc is getting in on the act. first up, a ride down the rapids. welcome to our viewers on pbs in america and around the globe. faced with a foreign attack, syria will be ready to unleash its chemical weapons. that was the warning from the assad regime that served as the first public acknowledgement country possesses such materials. it comes as fierce fighting continues in damascus. our correspondent reports from the border crossing between syria. >> there are huge numbers of heavily armed government forces in this northern city determined to stop the rebel army capturing the country's commercial center. outnumbered and out-gunned, the fsa occasionally scores remarkable successes. these pictures cannot be verified, but they're said to show heavy equipment ta
PBS
Jul 3, 2012 6:00pm EDT
monetary fund says the u.s. economy is recovering, but it's still very fragile. good evening. i'm judy woodruff. >> brown: and i'm jeffrey brown. on the newshour tonight, armed with an i.m.f. report issued today, christine lagarde warns that u.s. policy-makers must be careful not to overdo debt reduction. >> to bring the debt under control, action needs to be taken over a period of time. that is not just next year. that is going to extend for the next ten years. it needs to be gradual, not so contractionary that the economy folds. >> woodruff: we have an update on efforts across the country to recover from wildfires, extreme heat, and power outages. >> brown: susan dentzer of the journal "health affairs" answers questions many of you are asking about how health care reform will work, now that the supreme court has weighed in. >> for somebody who is running a small business, what does this new health care plan... how does that impact future business owners? >> brown: margaret warner interviews mexico's new president-elect, enrique peÑa nieto, about drug war violence and relations with
PBS
Jul 21, 2012 5:00am EDT
kids like this alive. >> and a return to africa. former president bill clinton speaks to us exclusively on his campaign for that continent's victims of hiv/aids, and how new drug could change that struggle. >> the numbering is the best thing ever is staggering. it could reduce the likelihood of new infections by 75%. >> hello. there is the beginnings of another humanitarian catastrophe. one of the country's touched by the arab spring. for some 80 months, yemen has been wracked by political turmoil. now millions are going hungry and worse. according to the united nations, nearly half of the population, or 10 million people, have limited or no access to sufficient food. 47% of children under 5 years old are chronically malnourished. the worst affected areas are in the west of the country surrounding the capital sanaa. jeremy cooke has this exclusive report. >> the face of a crisis. ashmial is barely clinging to consciousness, barely clinging to life. a 1-year-old who weighs as much as a newborn baby. you do not need a scale to know that this child needs help now. like so many young victim
PBS
Jul 18, 2012 5:30pm EDT
in damascus but in syria as a whole. they are wrong to underestimate us. >> these street fighting pictures and damascus were not filled by rebels, they are from state television. a tacit admission by the regime of house serious situation has become. -- of how serious the situation has become. the violence has crept in from outlying districts like these. last night, the barracks of the presidential palace were set ablaze. this morning's blast was a place presume to be a secure stronghold. >> this sent a message to the regime that the hands of the syrian people can reach any one side of damascus and even bashar al-assad. he is not safe anymore. >> but the regime still commands a powerful and ruthless security apparatus. this is worrying to the rest of the world. >> this is a situation round of the spinning out of control. for that reason, it is extremely important that the international community, working with other countries, have concerns in that area, have to bring maximum pressure on assad. >> the opposition smells victory. they have been celebrating the attacks as most have lost faith i
PBS
Jul 17, 2012 5:30pm EDT
it called a terrorist damaged a power station here. activist said security forces used mortars and attacked. shooting was reported in a main street right in the heart of damascus. in other parts, things seem to be fairly normal. the main centers of the regime's power have yet to come under attack. the free syrian army is calling its operation at damascus volcano. after 16 months, the uprising has finally arrived in the capital. >> to libya, the national forces alliance looks to of done very well. in contrast to a neighbor in -- neighboring countries, islamist parties are trailing behind. here is our correspondent. >> ever so slowly, the results of libya's first democratic elections in more than 40 years are being declared. thus far, a moderate technocrats is edging ahead. he was propelled on the world stage after the fall of gaddafi. welcome to warmly by nicolas sarkozy and other global leaders. western educated and english speaking, he was credited with attracting support. he was one of the first high- profile defectors to the national transitional council at the beginning of the revolutio
PBS
Jul 18, 2012 7:00pm EDT
for ibm, big blue's earnings top forecasts, while revenues fall short. tech analyst david garrity joins us to talk ibm, and preview what to expect from google and microsoft. and ben bernanke says he still has tools to boost the economy, we look at just what's in the fed's tool kit. that and more tonight on "n.b.r.!" "nightly business report" is brought to you by: captioning sponsored by wpbt >> susie: ibm boosted its outlook for the rest of the year, after second quarter earnings topped focasts. ibm earned $3.51 a share, well above last year, and $0.09 above analyst estimates, but at just under $26 billion revenues fell short of expectations. >> ebay posted better than expected. earning a penny above estimates. revenues jumped 23% to almost $3.5 billion. enthusiasm about tech earnings helped wall street make strong gains earlier in the day. the dow rose 103 points and the nasdaq 32, and the s&p up 9 points. for more, david garrity joins us. the tech analyst. david, it's really interesting that at a time when ceos have been warning about earnings and revenues coming down for the rest of the
PBS
Jul 26, 2012 7:00pm EDT
out how to adapt to the growing use of mobile technology. nearly all of facebook's revenues come from advertising, and that's more difficult with smaller screens. that's part of the reason facebook shares have gotten crushed-- they're down nearly 30% from the offering price of $38 in may. but some analysts still think the stock's a "buy." >> i think making money on facebook ultimately comes down to their ability to monetize mobile. it's almost binary. if they figure out a way to make money, the stock will be very successful; if they don't, then the stock will underperform the market. >> reporter: for now, many investors remain skeptical. when facebook went public, it had a valuation of $100 billion. now, it's closer to $60 billion. erika miller, nbr, new york. >> reporter: i'm diane eastabrook. still ahead--i'll tell you how the weber company is still keeping the grilling industry on fire after 60 years. "nightly business report" is brought to you by: captioning sponsored by wpbt >> tom: "whatever it takes to preserve the euro. with that phrase, the head of the european central bank h
PBS
Jul 2, 2012 7:00pm EDT
: conditions in much of u.s. have been hot and dry. and we're not just talking about the weather. the first six months of the year were the weakest for wall street deal-making in nearly a decade. >> even with the spate of deals that occurred today. we are still trending for possibly the first down year for u.s. m&a since 2009. >> reporter: it's not for lack of cash. corporate america has over a trillion dollars sitting in the bank, representing over 70 weeks of net income. >> m&a is very confident-driven. and i think most of the global corporations are not confident in their business models. >> reporter: they're concerned about the weak global economy, given the crisis in the eurozone, and slowing growth in emerging markets. here in the u.s., growth is stagnant, and many companies are waiting to see the results of the november elections. so, bottom line: don't read too much into today's flurry of deals. >> i can't say that there's any bullish indicator, other than the fact that we are heading into the summer months, which are traditionally slow. >> reporter: no one is predicting a big surge in
PBS
Jul 25, 2012 5:30pm EDT
. the obama administration has condemned the use of attack helicopters in the area. our correspondent and cameramen are there and send this report. >> they have been celebrating victory in part of aleppo city. it is certainly premature. the rebels and residents say they have reason to cheer. >> the rebels have brought us here to show some of the damage they have brought against the government tanks. a design of the -- it is a sign of some of the fierce fighting that has taken place. this is what has happened to the army's first counter-attack. that does not mean the rebels have won. they say they control 70% of the city. that is unlikely. the view from state tv is very different. >> in a roundup of troubled spots, it said government forces could gain the upper hand across syria. this is what state tv is not showing. what activist says is the city being pounded. nor are they showing the shelling anin homs. we cannot verify this footage. residents tried to get children to safety. it appears to be a gruesome discovery. the media activist whose films this claims these were summary executi
PBS
Jul 28, 2012 5:00am EDT
that we used was about $1.2 million. >> rebel commanders are holding a crisis meeting, desperate to find ways of getting more cash and weapons. they have had little luck from the main opposition group aimed at the syrian national council, funded partly by saudi arabia and qatar, countries committed to arming the rebels. i have been told by one senior syrian national council figure that there was a pause in arms shipments a few weeks ago because mistakes had been made. weapons were passing to people who were not real revolutionaries. they were, he said, dealers who were selling the guns. the fear that weapons might fall into the wrong hands, including terrorist hands, is one reason why cia agents are now known to be operating in the area, trying to vet arms recipients, collaborating the turkish military whose role in the struggle is much more active than is officially admitted. down the road, a turkish military watchtower. one syrian rebel commander told me he had received guns distributive from a turkish army truck parked nearby, right by the border fence. a local mp from turkey's main o
PBS
Jul 20, 2012 6:00pm EDT
.j. dionne analyze the week's news. >> suarez: a follow-up to our recent story about smart meters used to monitor energy use. spencer michels reports on california activists who want to ban them. >> pacific gas & electric one of the nation's largest utilities has had to fight a coalition of people who suspect, among other things, that smart meters may be bad for your health. >> brown: that's all ahead on tonight's newshour. >> major funding for the pbs newshour has been provided by: ♪ ♪ ♪ ♪ ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy, productive life. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: once again today, americans absorbed the news of a mass shooting-- a dozen dead, at least 59 hurt or wounded. it happened in the city of
PBS
Jul 16, 2012 7:00pm EDT
at immigration and the u.s. economy. >> susie: that and more tonight on n.b.r.! another disappointing drop in retail sales, a sign that the u.s. economy is limping along. it's the third month in a row that retail sales fell and that pushed down stocks today. retail sales fell 0.5% in june. analysts were expecting an increase. not since the height of the financial crisis has there been a string of declines from the retail sector. erika miller reports. >> shoppers didn't just spend less at department stores, auto dealerships, and furniture stores. spending fell in june in almost every category. that's not the only worrisome sign. when retail sales fall three months in a row, it can sometimes signal recession. but that's probably not the case this time. >> the retail sales report was disappointing. it reflects ongoing slowdown in the global economy, ongoing weakness in the u.s. economy. it should come as no surprise when you see businesses not willing to add significant quantities. >> reporter: today's retail data did prompt some economists to downgrade their estimates for 2nd quarter econom
PBS
Jul 27, 2012 7:00pm EDT
gharib. stocks may be in rally mode, but the u.s. economy is stuck in the mud. we'll look at why growth slowed in the second quarter. >> tom: and after months of hype, the london summer olympics are finally here. how it could impact the u.k. economy even after the games end. that and more tonight on n.b.r.! wall street was on a stimulus high today. stocks surged sharply, as investors and traders are counting on central banks in europe and the u.s. to announce moves next week to stimulate the global economy. here's why they're feeling confident. the heads of france and germany said today they are ready to take bolder steps to deal with the region's debt problems. in a statement they said they determined to do everything to protect the euro area. their comments came a day after the president of europe's central bank said he was prepared to do quote "whatever it takes to preserve the euro" and to ease borrowing costs for spain and italy. all this comes as federal reserve chairman bernanke has been hinting that the fed is stands ready to stimulate the u.s. economy and policymakers could do
PBS
Jul 19, 2012 5:30pm EDT
the the government while the u.s. blasts china and russia for vetoing a u.n. resolution. >> of the security council has failed utterly. in its most important task on its agenda this year. this is another dark day in turtle bay. >> the suicide bomber it targeted a bulgarian bus full of israeli tourists. a video emerges the day after the deadly attack. he has overcome the odds after emigrating from cuba, now this u.s. gymnast is hoping to power his way onto the podium in the london olympics. welcome to our viewers on pbs in america and around the globe. tonight, there are fast-moving developments on the ground in syria while the united nations veto has drawn a harsh rebuke from a western powers prefers fighting continues in damascus the day after the attack which killed three of the president's inner circle. rebels say they are in control of key border crossings. >> syrian rebels seize one of the crossings into turkey, dismantling the portrait of president bashar al-assad. something similar was reported on the border with iraq. it is a sign of great weakness. rebel fighters are still shooting in the
PBS
Jul 20, 2012 5:30pm EDT
is a master on the judo mat, now this american is hoping his moves will bring home a gold for the u.s. in london. welcome to our viewers on pbs in america and also a around the globe. tonight, the city of aurora in colorado remains in a state of shock after one of the deadly shootings in recent history. it was at a midnight showing of the new batman movie. the gunmen held a gas canister into the movie theater and then opened fire. he has been identified as james holmes, a 24-year-old graduate student. 12 people were killed another 69 injured. >> it was after midnight, but like thousands of theaters across america, this suburban cinema was sold out for the first showing of the new batman blockbuster. >> oh my god. >> the horror of it was captured on people's mobile phones. half an hour into the film, a man dressed in black, wearing a gas mask and a bulletproof jacket let off a smoke canister and then opened fire with an assault rifle, shotgun and pistol. at first, people thought it was a stunt linked to the movie. some died in their seats. dozens were injured as they tried to flee. >>
PBS
Jul 3, 2012 5:30pm EDT
us here? the bankers are saying -- this will make it more difficult for us to do our job. making it hard to function as banks with economies growing. >> he said they are done apologizing, but that this is the kind of scandal the leaves the public wanting more regulation to stop this from happening again. >> the wall street journal just had a conference of cfo's around the world with unprecedented levels of cash in their companies. they have of for a few years. why is that? you hear from them and we cannot be sure that there's going to be another banking crisis or financial crisis and we will be able to go to our banks for funding in the future. we are putting this cash on hand just in case. this latest scandal is not going to dull the concern in any way. >> talking about the financial crash, which this seems to be wrapped up in, they are downgrading the american growth prospects and numbers will be watched carefully in the white house for more signs that the recovery is fragile. >> that is right. it was noted that this was in part because of what is going on in europe. problems t
PBS
Jul 10, 2012 5:30pm EDT
on the developing situation in egypt and beyond, u.s. republicans tillis john mccain has just returned from observing that elections in libya. let's start by talking about egypt and how positive are you about that country's transition to democracy. >> i think it is very concerning an obviously a very fragile situation. we want to be very careful how we intervene in this very fragile situation. we always knew that in the case of egypt it might be one of the most difficult of all the countries that have been involved in the arab spring. with them and has been two steps forward and one step back, and maybe two steps forward and two steps back. but i think we should do everything we can to help them get through this crisis without intervening on either side right now. >> how can you help them get through the crisis? what should the u.s. do? it is something the u.s. has been wary of in the past. >> we need to respect the egyptian elections. they were fair by all accounts. there is a fundamental factor. there is significant aid that comes from the united states, both military and nonmilitary. the
PBS
Jul 20, 2012 7:00pm EDT
forecast. global strategist nick colas joins us with an update. i.p.o.s were a brightspot. strong market debuts today from palo alto networks and travel site kayak. a look at whether i.p.o.s are making a comeback. and just two years ago, president obama signed the dodd frank financial reforms into law. a look at how that's changed the financial landscape. that and more tonight on "n.b.r.!" two new tech i.p.o.s debuted on wall street today and investors gobbled up shares of both, despite a wave selling in the broader markets. online travel company kayak software gained 28% to close at $33.18 a share. kayak upped its i.p.o. price last night and raised $91 dollars with the offering. meanwhile, shares of the security software firm palo alto networks soared almost 27 percent in their market debut. today's offerings cap off a busy week for i.p.o.s and suggest the market for new deals is back. suzanne pratt reports. >> reporter: two months ago, facebook and it's feeble public offering cast a dark shadow over the i.p.o. market. deals were pulled and investors got nervous. kayak software was supp
PBS
Jul 24, 2012 11:00pm EDT
to fight for it, so to us, that was a recipe for disaster, and something which could cause major trouble in syria and beyond. that is buy what i have been saying let's stop this policy of sort of frontal attack on the government and let's try to put it together and one missing link in this whole setup so far, including kofi annan's effort is the opposition, numerous pleas to them and numerous conversations with them in various formats, very few have dialogue with the government. >> rose: we conclude this evening with kurt andersen, the novelist and author of true believers. >> i have never read a book about the late sixties that did two things i wanted to do, one, show how the early -- how the lives in the early sixties became lives in the late sixties, how adolescents who went from 12 to 18 in exactly that decade, how that worked, and then i was also interested in looking back at it from the future, so it skips back and forth from the present to the past, to have some, a long view of what was that all about. >> rose: vitaly churkin and kurt andersen when we continue. >> funding for char
PBS
Jul 25, 2012 7:00pm EDT
. >> tom: i'm tom hudson. will the federal reserve soon have some new medicine for the struggling u.s. economy? we talk with former fed vice chair alan blinder. >> susie: and the nation's airlines look to raise ticket prices. bad news for passengers, but will it help profits? >> tom: that and more tonight on "n.b.r."! we begin with some tough questions today for treasury secretary timothy geithner about the bank interest rate-fixing scandal. in 2008, geithner was head of the new york federal reserve. he sounded an early warning with british and u.s. regulators about weaknesses in the bank-to- bank lending rate known as libor. it's a key global interest rate and one which traders and banks are accused of manipulating. darren gersh reports members of congress aren't convinced geithner did enough. >> reporter: back in the spring of 2008, geithner says he sent a detailed memo to the bank of england warning that it needed to reform the way british bankers came up with the libor rate. >> we were aware of the risk that the way this was designed created not just the incentive for banks to und
PBS
Jul 23, 2012 7:00pm EDT
'm tom hudson, "n.b.r."'s diane eastabrook joins us to talk mcdonald's; from earnings to europe and rising food costs, the outlook for the fast-food giant. >> susie: and we kick off a week long look at cyber security, focusing on the big business of protecting you online. >> tom: that and more tonight on "n.b.r."! >> tom: stock markets around the world staged a sharp sell off today, led by losses in europe. fears continue building that spain might need a full-scale bailout. here in the u.s., stocks sold off early, but pared back the losses by the closing bell. the dow tumbled 101 points, it had been down, as much as, 240 points earlier in the session. the nasdaq lost 35, the s&p was down 12 points. erika miller reports spain's troubles now include the country's regional governments. >> reporter: valencia, spain has long been known for two things-- paella and its large port. but lately spain's third largest city has garnered unwanted attention as the first spanish region to seek a bailout. six others are in danger of following suit. >> it's worrisome, in the sense if they start t
PBS
Jul 19, 2012 7:00pm EDT
investors have been heading for the exits, pulling their money out of u.s. stock funds. those funds lost more than $8 billion in the past five weeks. in the first six months of this year, investors yanked $51 billion out of u.s. stock funds. by comparison, only $14 billion came out of those funds in the first half of last year. certainly, the aftermath of the financial crisis has scared small investors away. >> given the general uncertainty out there in terms of if i'll have a job today versus next week, i think more people are being more conservative, putting more money into savings, trying to build up their savings a little bit rather than put money into the stock market. >> reporter: experts say it will take a strong u.s. economy to restore confidence and bring retail investors back to stocks. suzanne pratt, nbr, new york. >> susie: still ahead on the program-- we ask c.e.o. mike jackson why sales of autonation are speeding up while other retailers are stalling out. "nightly business report" is brought to you by: captioning sponsored by wpbt >> susie: some more signs today that compan
PBS
Jul 23, 2012 6:00pm EDT
one bullet. it's not a machine gun. and it's popular because it is a versatile rifle that is used by literally millions of law-abiding people for hunting. it's only good for deer. it wouldn't be powerful enough for something larger. but for hunting, for self defense and for target shooting. >> ifill: congresswoman. what i wanted to say is the gentleman used the word apolitical. let's be real. this is one of the most political issues we have. the national rifle association in many ways owns the united states congress. spending over $7 million in the 2010 election cycle, close to $3 million on its lobbying activities. it says that it will score legislation, meaning it will rate legislators on how they vote. any kind of a crazy bill, even one that says in bankruptcy $3,000 worth of weapons will be protected, passed the house of representatives with over 300 votes. the threat that the national rifle association says that worked. any kind of rational debate about gun safety legislation... >> ifill: let me ask mike dimock about that. i'm curious as to whether this debate boils down to t
PBS
Jul 3, 2012 7:00pm EDT
of 7%. and chrysler was the u.s. star, sales jumped 20%, on strong sales of its jeep and fiat brands. toyota, honda, and nissan also firing on all cylinders, the trio posting double-digit sales gains. only a year ago, they had few cars to sell, as inventories were hobbled by japan's earthquake and tsunami. analysts say the average american car is now close to 11 years old, and people are in the market for replacements. >> pent-up demand that's out there is still seeping through, even though we have some economic conditions that are holding back pent-up demand and keeping us from getting to pre-crisis levels here in the united states. >> susie: morningstar expect sales of about 14 million cars and trucks this year. that's getting closer to the record set in 2000. shares of the big automakers rose slightly in today's shortened trading session: gm up over 5%, and ford adding 2%. we have technical analysis of ford stock on our web site, nbr.com. you can find it under the "blogs" tab with michael kahn. "nightly business report" is brought to you by: captioning sponsored by wpbt >> susie:
PBS
Jul 9, 2012 7:00pm EDT
forecast out of europe, out of china, even out of the u.s. so fell us where you see the demand. >> well, we expect 7% demand goals this year. we also expect that the-- we see a very strong regional premium which show there is a tight innocence the market. where is that coming from? it's coming from aerospace. we have aerospace market these days with eight years of order backlog that's very substantial. and it's going toa while. we also see surprises here in the u.s., particularly coming from the automotive industry. and that's doubly positive for the aluminum industry because on the one hand we have seen so far in this year a 15% growth in automotive demand here in the u.s., very nice. in addition to that, we see that the amount of aluminum used in cars is going up. because lightweighting is the name of the game. emissions are coming down. consumers want to spend less money on their fuel and that's why they are going for. an on top of it there are new emissions regulations there, so this is all coming together. these are some of the right spots. >> susie: well, certainly you have been getti
PBS
Jul 10, 2012 7:00pm EDT
: wall street could certainly use another topic to focus on, what with europe dominating headlines for weeks. earnings season is likely to provide that distraction. but it's also likely to make many investors unhappy. that's because s&p 500 firms are expected to report only a 5.5% gain in second quarter profits. a few months ago, the number was a healthier 9%. >> it's very worrisome, because companies have already given a lot of negative pre-announcements. in fact, for every one positive pre-announcement, we've received three negative pre-announcements, which is the weakest showing since the fourth quarter of 2008. >> reporter: making matters worse, a big slice of the s&p 500's q-2 gain will come from one company, apple. the other 499 names in the s&p are dealing with a host of problems, including a slowing u.s. economy. on top of that, there's europe's big debt crisis and the emerging slowdown in china. >> double-digit growth in china has now shrunk to about 8%, and while that's still a great number, companies just can't rely on those outstanding sales numbers they were getting fr
PBS
Jul 13, 2012 7:00pm EDT
analyst fred cannon tells us why he's still recommending j.p. morgan stock and what to expect in the second half of the year. >> susie: and you may be one of millions of americans getting a health care rebate. we'll tell you why. >> tom: that and more tonight on "n.b.r.!" >> tom: j.p. morgan's trading mess lost much more money than first thought-- nearly $6 billion. that's almost triple the original estimate. still, the nation's biggest bank still managed to post a $5 billion profit in the second quarter. including items, earnings per share were $1.21, while down from a year ago, that's well above wall street estimates. suzanne pratt has the story. >> reporter: j.p. morgan had so much news to explain to wall street it held a two-hour analysts meeting here at company headquarters today after it released its earnings report. here's what c.e.o. jamie dimon had to say about the bank's big blunder. >> we are not proud of this moment, but we are proud of our company. we are not making light of this error, but we do think this it's an isolated event. one of the reasons you do hold ca
PBS
Jul 27, 2012 6:00pm EDT
captioning sponsored by macneil/lehrer productions >> woodruff: the u.s. economy grew at a sluggish pace in the second quarter this year as americans cut back on spending. good evening. i'm judy woodruff. >> warner: and i'm margaret warner. on the newshour tonight, we get two views on what the lackluster numbers mean about the strength of the recovery. >> woodruff: then, we update the colorado shootings as court documents reveal the suspect was being treated by a university psychiatrist. >> warner: as the games begin in london, ray suarez examines what host cities get out of the olympics. >> woodruff: mark shields and david brooks analyze the week's news. >> warner: and we close with the scandal that's rocked beijing, after the wife of a chinese official is charged with murder. >> woodruff: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: bnsf carnegie corp and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your
PBS
Jul 4, 2012 5:30pm EDT
. and has the american dream vera off course? as the u.s. marks the fourth of july, it is its decline and not achievement that marks the country. welcome to our viewers on pbs in america and elsewhere around the globe. it seems only fitting that on this fourth of july, which start with this story of discovery. after a question of nearly half a century, scientists say they have found a particle which may be the use of so-called god particle, the higgs boson, and it may be time to put the champagne in the refrigerator. >> it is a discovery about the fabric of the universe that will go down as one of the greatest in science. in a giant underground facility near geneva, observers have found the key to matter. in the circular tunnel, they have identified a new kind of particle, as predicted nearly 50 years ago by a british professor, peter higgs. today, he was in geneva, at an emotional announcement of the discovery of the higgs boson. >> i want to congratulate everyone on this tremendous achievement. for me, this is really an incredible thing that happened in my lifetime. [applause] >> th
PBS
Jul 8, 2012 4:00pm EDT
opposes disclosure laws because the super-rich just might be bullied and harassed by the rest of us who want to know who's buying our elections. so that the editorial page of "the wall street journal" asks us to have pity on billionaires and those little ol' corporations and their ceos who just might have their tender feelings hurt. if they were exposed to boycotts and pickets, were it known which candidates they were buying. wait a minute. weren't we taught the first amendment also guarantees the right of citizens to assemble and petition, even to boycott and picket? that's what a couple of hundred protesters were doing just the other day. they marched to the d.c. offices of american crossroads and crossroads gps. those are the right-wing money mills run by the mastermind of much of this massive fund-raising, karl rove. he's making a bundle himself buying and selling "free speech," while at the same time deploring the disclosure of big donors' names as "shameful" intimidation. exercising their first amendment rights, the demonstrators taped a kind of wanted poster on rove's office door
PBS
Jul 12, 2012 5:30pm EDT
. one told bbc that even after being trained for months, he was not being used. >> i have been told many times that i would have a job at the olympics, and then two or three days later, a call them up and ask what is happening, and they do not know. >> in a statement, g4s, whose contract includes financial penalties, said they had encountered delays in progressing applicants through the final stages, but they are working extremely hard to process these as quickly as possible. >> some of the troops who have been deployed had just returned from afghanistan. others will have to count for holiday. >> i was down there a week ago, and many see it as a great national event and what to do the right thing in order to ensure our security. >> today, another sign of a security operation unprecedented in peacetime. officials are adamant that this will not compromise security, but it will not prevent questions being asked about this embarrassing last minute call-up. >> for more on the security concerns heading into the learning games, i am joined by the director of the homeland security program at the
PBS
Jul 14, 2012 5:00am EDT
. more than 40 years later, he explains why he felt he had to speak out. >> i was blessed to use my talent to help those without a platform to voice an opinion, and this opinion was a unilateral opinion of dealing with human rights. >> and with this year's olympics opening -- opening in london later this month, meet the doctor who looked into the sponsorship deal attached to this global festival of sport and physical fitness. >> we're facing an obesity epidemic, and i find it of scene that the olympics chooses to associate itself with fast food, sugary drinks, chocolate, and alcohol. >> hello. this month, the united kingdom, in london in particular, will be the center of the world's attention. the olympics is a sporting event, the politics is never far away. for a palestinian gunman in munich to an anti-abortion protest in atlanta, many are trying to use the olympics to make a political statement through violence. but our guest this week made a peaceful protest which captured global attention at the mexico olympics in 1968 and still resonates today. it turned him into a hate figure
PBS
Jul 20, 2012 9:35pm EDT
, mitt romney has used every trick in the book. gwen: and republicans make the case that the president is out of touch. >> i wish this president would learn how to be an american. gwen: meanwhile, the u.s. and the u.n. work to force syrian president assad from power, as the civil wars there build. covering the week, pierre thomas of abc news, karen tumulty of "the washington post," jeff zeleny of "the new york times" and doyle doyle of the mcmanus of "the los angeles times." >> covering history as it happens, live from our nation's capital, this is "washington week" with gwen ifill, produced in association with "national journal." corporate funding for "washington week" is provided by -- >> this rock has never stood still. since 1875 we've been there for our clients through good times and bad. when their needs changed, we were there to meet them. through the years from insurance to invest management, from real estate to retirement solutions, we've developed new ideas for the financial challenges ahead. this rock has never stood still. and that's one thing that will never change. pruden
PBS
Jul 26, 2012 6:00pm EDT
basically get weapons and money into syria from that... from the turkish area. so for us it made sense to get a sense of hue who the rebels are to spend time in the region they control instead of trying to cower and hide and go with them undercover from place to place to be in this swath of towns and villages that they control. rough where you have they are relatively safe. free from government assault on a regular basis? >> at this time. if you were to try to look at the map and say "where exactly do the rebels control? everyday it changes a bit, it morphs and changes. on the edges of the area they control the government might take a town back. there was one town when we were there that switched hands between the government and the rebels four times. why? because the government realizes that this border area is important to the rebels. they realize it is a buffer zone and they are trying to regain control but obviously government's army is stretched and its priorities are elsewhere: namely damascus and aleppo. >> woodruff: tell us about the rebels you met. you talked to a number of th
PBS
Jul 17, 2012 6:00pm EDT
. and by contributions to your pbs station from viewers like you. thank you. >> brown: the troubles with the u.s. economy-- and the possible fallout-- were on full display today. a task force report told of states facing ever-deeper budget holes. but the chairman of the federal reserve withheld any promise of immediate help. ben bernanke came before the senate banking committee acknowledging that the economy has suffered a series of setbacks. a slump in hiring and job growth, a slow down in manufacturing activity can reduce spending by consumers. while fighting the trend, the fed chair would not commit on if or when the central bank might act again to boost growth. >> we're looking very carefully at the economy, trying to judge whether or not the loss of moment actual we've seen recently -- momentum we've seen recently is enduring and whether or not the economy will make progress to lower unemployed and more satisfactory labor market conditions. if that does not occur, obviously we have to consider additional steps. >> senators from the two parties pushed bernanke in opposing directions. tennessee republ
PBS
Jul 29, 2012 4:00pm EDT
. to the story of a warrior, told in his own words. what he has to say is for all of us to hear, but especially those of us who have never been in combat. karl marlantes, a small-town boy from oregon, the son of a soldier, a graduate of yale, landed in vietnam in october 1968, and was placed in charge of 1st platoon, charlie company, 1st battalion, 4th marine regiment. one year later he came home with two purple hearts, the navy cross, the bronze star, ten air medals, and memories that screamed at him. he finished his degree in philosophy at oxford on a rhodes scholarship and spent the next 30 years in business, all the while wrestling with the demons that came home with him. finally, in the late '90s, he asked the veterans administration for help, and began treatment for post-traumatic stress disorder. two years ago he published a novel. he had been working on it ever since he came home from vietnam, "matterhorn," the story of a young 2nd lieutenant leading a rifle platoon of 40 marines on a remote jungle hill. critics called it "a powerhouse. tense, brutal honest," "unforgettable," "moving an
PBS
Jul 25, 2012 6:00pm EDT
, grenades and some gas masks. these masks were distributed by the regime because it intends to use chemical weapons. >> reporter: some of the fighters here appear to have an islamist tinge. the man in the front seat adorns the black flag of al-qaeda. ( cheering ) and as locals welcome them with open arms, policy makers in the west will no doubt be concerned about where this is leading. by air the regime has launched a relentless counter attack using helicopters and rockets to tame rebellious districts. and more government tanks are on the way. the rebels have managed to seize some heavy artillery. and are using in whatever way they can. but a tank can't defend against these. a mig jet circles overhead. this conflict now appears to locked into a pattern of attack and counter attack on many different fronts. >> woodruff: a white house spokesman said today the use of heavy weapons in aleppo showed the, quote, "depth of depravity" by the government of bashar al- assad. for more on the conflict in syria we turn to youssef amrani, morocco's minister delegate for foreign affairs, the second highes
PBS
Jul 5, 2012 5:30pm EDT
of the pilot -- they introduced the idea of a joystick. the boeing aircraft all use the old wheel that you see in the movies. many pilots swear that if you have your hands on the wheel, you can feel the aircraft differently. airbus will make the argument, and hundreds of thousands of pilots will confirm and say that the joystick gives you a sensitivity, gives you a very professional read of what the aircraft is doing. but in this case, the pilot, the left-hand seat apparently could not see the co-pilot -- the person sitting in the right seat had the joystick jam back, and he did not pick up any indications that that was happening -- joystick jammed back. the one time that they pitched the nose down, the plane started to fly, but then they pulled it back up. >> which is a greek tragedy. it seems you are suggesting you can fix every single thing, but it is hard to think you will ever totally eliminate -- >> you are not. this is an accident where you really want to focus on cockpit management. how do you cooperate? how do you diagnosed jointly? even when you are in unfamiliar territory, how do yo
PBS
Jul 5, 2012 6:00pm EDT
. >> woodruff: we have the next in our daily download series. tonight, how politicians' use of social media can go awry. >> suarez: john merrow reports on a low income texas school district's approach to its drop-out crisis: a taste of college and hard work. >> so we're offering something that's more challenging to them, and telling them, "step up. you can have college now. it is free. it's your future. what do you want?" >> woodruff: plus, jeffrey brown talks to master storyteller jack hitt about his latest project and making his mark as a self- employed writer. >> the question i get every time i go see my mom and i still get it. she'll always ask me this question, "so when are you going to get a job?" and the answer is: "it's okay, mom. i'm never going to get a job. this is the job!" >> woodruff: that's all ahead on tonight's "newshour." major funding for the pbs newshour has been provided by: >> growing up in arctic norway, everybody took fish oil to stay healthy. when i moved to the united states almost 30 years ago, i could not find an omega-3 fish oil that worked for me. i became inspired
PBS
Jul 6, 2012 7:00pm EDT
the economy still is struggling. u.s. employers added 80,000 jobs, but less than the 100,000 expected. the unemployment rate is unchanged at 8.2%, stuck in the same level for most of this year. investors were hoping for stronger numbers and when they didn't get them, they dumped out of stocks. the dow lost 124 points. the nasdaq fell almost 39 and the s&p was off nearly 13. >> tom: market analysts think europe is biggest threat to u.s. hiring. >> c.e.o.s might continue to play things fairly close to the vest. we know they're holding elevated cash levels and they're going to therefore potentially defer business investment and hiring which once again feeds back into maintaining a slow pace of economic growth in the u.s. going forward, so we need animal spirits to be rekindled here through greater certainty about what the future looks like than what we have today. >> tom: mark luschini is tonight's "market monitor" guest. we'll talk more with him later in the program. but first, suzanne pratt takes a deeper look at today's employment report. >> reporter: when the economy creates 80,000 j
PBS
Jul 11, 2012 5:30pm EDT
welcome our viewers who have joined us on pbs in america and around the globe. today austerity measures in spain brought violent protests. miners fed up with the cuts marched on madrid and clashed with police. demonstrators threw stones and firecrackers, and police responded with rubber bullets. it came as the government announced more stringent measures to help the country's big leaguered banks. here is our report. >> on the streets of madrid today, protestors clashed with police. some threw stones. among the crowd, spanish miners protesting cuts to government subsidies. there is a reaction to government cuts not only in the mining sector, but the government is taxing more and spends less. these people believe that is not the answer to the problem. some have traveled a long way to bring their message to the capital. >> some of these have, walked from the mines in far north spain. in these towns, running battles between the miners and police. the miners weapons, firecrackers. they have looked like a rebel army. the government says it can't afford to pay large subsidies to a small sector
PBS
Jul 10, 2012 11:00pm EDT
, that has never changed. >> for 11 years that has never changed. sometimes the pakastanis help us, most of the time they don't. but the second thing is .. the state we have built, the government, it is, i mean as they call it, they use the term vice, vice, vertically integrated criminal enterprise, that is a military term. >> rose: and then we conclude with a look at the 2012 presidential election and also what is happening to the middle class in a conversation with james carville and stan greenberg, both former advisors to president clinton. >> i think president obama has been much better of late, but understand that we come from this from a little different position. stan and i, this is the greatest problem the united states is facing is what do we do about the middle class? >> rose: america in afghanistan, and american politics when we continue. funding for charlie rose was provided by the following. >> additional funding provided by these funders. >> and by bloomberg, a provider of multimedia and news and information services worldwide. >> from our studios in new york city, this is
PBS
Jul 24, 2012 7:00pm EDT
to restructure its debt again. here in the u.s., one measure of manufacturing fell to its slowest growth in two years. u.s. factory production fell to 51.8 in july from 52.5 the month before. any number above 50, though, means manufacturing is growing. the dow lost 104, the nasdaq's fell 27, the s&p dropped 12. >> susie: those disappointing apple earnings could set the tone for trading tomorrow. joining us now to talk more about apple, joe mayer, technology analyst at motley fool. joe, you heard our report, a lot people, a lot analysts are saying that apple should get a pass this time because so many customers are waiting for that iphone 5. so is that fair? what do you say to that? >> i had a feeling you were going to hear that from apple, that there was going to be a miss. there probably is something to that and something to a larger issue with europe and china, both results there were weak across the board and they were okay in the u.s.. but i think it's pretty predictable that some people will put off buying the new iphone because there's going to be a newer, faster thinner one coming out, b
PBS
Jul 13, 2012 5:30pm EDT
. >> at union bank, our relationship managers use their -- work hard to know your business. we offer specialized solutions for your business. what can we do for you? >> at shell, we believe the world needs a broader mix of energies. that's why we're supplying cleaner-burning natural gas to generate electricity. and it's also why, with our partner in brazil, shell is producing ethanol, a biofuel made from renewable sugar cane. >> a minute, mom! >> let's broaden the world's energy mix. let's go. >> and now, bbc world news. >> this is "bbc world news america" reporting from washington. reports of more mass killings in syria sparked outrage. the international committee is struggling with the next step. growth falls to a low over concerns at home and abroad. >> the chinese economy is slowing and that raises a huge question. will they be able to fill these buildings? will the chinese debt dragging down? >> honoring bob hope. he might have been an american treasure, but his daughter helps celebrate his british roots. welcome to our viewers on pbs in america and around the globe. 24 hours after we broug
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